Monday, January 19, 2009

Why UMNO defeat in Kuala Terengganu by-election

My personal view the cause is still the same why BN defeat in 8 March 08. And BN didn't change and improve since than.....
You will not improve if you didn't improve and don't know what wrong.
Will not cure if you not able diagnose your problem.
What you think?
Pls give your comment....

Friday, January 16, 2009

Intel claims limited visibility, offers no Q1 forecast

http://www.eetimes.com/news/latest/showArticle.jhtml;jsessionid=RYINNH0X50YHKQSNDLSCKHA?articleID=212900824


Intel claims limited visibility, offers no Q1 forecast
Fourth quarter profit, sales tumble as economy softens

Bolaji Ojo
EE Times
(01/15/2009 5:02 PM EST)

Intel Corp. said it cannot "predict product demand" for the first quarter and has therefore declined to offer its typical revenue and profit forecast but instead will work off a temporary number that calls for a 15 percent sequential sales decline on top of the 19 percent drop from the third quarter of 2008.
The world's biggest semiconductor company is considered the bellwether for the rest of the chip market and its lackluster fourth quarter performance coupled with its unwillingness to offer guidance for the ongoing quarter indicates the industry might be headed for one of its worst recessions in decades.

Intel said fourth quarter 2008 net income fell to $234 million, or 4 cents per share, hit hard by a $1.2 billion loss on equity investments related to its interest in Clearwire Corp.

In the year-ago comparable quarter Intel posted net profit of $2.3 billion, or 38 cents per share. Revenue in the three months ended Dec. 27, 2008 sank to $8.2 billion, down 23 percent as previously predicted, from $10.7 billion in the comparable 2007 quarter.

"The economy and the industry are in the process of resetting to a new baseline from which growth will resume," said Paul Otellini, Intel's president and CEO in a statement announcing the results. "While the environment is uncertain, our fundamental business strategies are more focused than ever."

Intel will need all the weapons in its arsenal to pull through the coming recession. It's not typical, even in the most distressing market environment, for Intel to decline to offer investors and analysts a clear idea of how it expects to perform in a particular reporting period.

By refusing to provide even a wide sales forecast range this time, Intel is basically indicating demand has stalled and visibility into OEM component requirements has fogged up completely.

"Due to economic uncertainty and limited visibility, Intel is not providing a revenue outlook at this time," the company said. "For internal purposes, the company is currently planning for revenue in the vicinity of $7 billion."

What's clear is that Intel's capacity utilization has fallen very sharply and won't recover immediately. The company said first quarter gross profit margin "is expected to decline to the low 40s primarily due to higher underutilization charges and 32 nanometer start-up costs."

Intel's fourth quarter 2008 gross profit margin fell as expected to 53.1 percent, from 58.1 percent in the 2007 comparable quarter. The company whittled down R&D as well as other operating costs during the recently ended quarter continuing a trend analysts expect will accelerate in the current difficult environment.

For 2009, Intel said it expects R&D and marketing, general and administrative charges will be between $10.4 billion and $10.6 billion. Capital spending is "expected to be flat to slightly down from 2008," Intel said.

Spansion exploring sale, halts interest payments

http://news.cnet.com/8301-13924_3-10143577-64.html?part=rss&subj=news&tag=2547-1_3-0-20

Posted by Brooke Crothers


Spansion said Thursday that it is exploring a merger or sale, as the flash memory chip company delays interest payments on notes.
The Sunnyvale, Calif.-based company announced that it has been "exploring strategic alternatives, including, but not limited to, opportunities to merge with or sell to similar U.S. or foreign businesses."
Spansion, one of the largest flash memory suppliers, was formed by the integration of Advanced Micro Devices' and Fujitsu's flash memory operations in 2003. The company has posted a long string of losses as it has struggled to turn a profit in the fickle NOR flash memory business.
NOR flash is used in set-top boxes and cell phones but addresses a much different market than its better-known cousin, NAND flash. NOR is typically used to store and run computer code, while NAND is used for large-capacity storage, just like hard disk drives.
Spansion received a lukewarm response to its IPO in 2005.
The company said Thursday that it has engaged Barclays Capital "to assist the company in exploring these strategic alternatives," the company said.
In connection with this, Spansion has initiated discussions to begin an "organized process of potential balance sheet restructuring opportunities" and will delay making the interest payment on its outstanding 11.25 percent senior notes due 2016, which is due January 15, the company said.
Standard & Poor's Ratings Services on Thursday lowered its corporate credit rating on Spansion to "D" from "CCC" and the issue-level rating on the company's 11.25 percent senior unsecured notes due 2016 to "D" from "CC."
After a string of quarterly losses, Spansion, according to reports, is also considering Chapter 11 protection.

Thursday, January 15, 2009

全球经济不景延伸 大年2电子厂裁119人

全球经济不景延伸 大年2电子厂裁119人

二零零九年一月十四日 凌晨十二时五分



(双溪大年13日讯)双溪大年工业领域吹裁员风。这个月份有2家从事电子领域行业的工厂分别裁退99人及20人,总数达到119人。

人力资源局副高级董事莫哈末惹吉斯阿都拉今天在双溪大年办事处对媒体透露,这2家分别在双溪大年工业区设厂的台资商,经裁退119名员工。

此外,他说,GREEN POINT PERCISIOUS除了在本月9日裁退99名员工外,也将在这个月杪裁退另外226名本地员工,这样一来,该公司裁退的员工高达325名。

这家公司总共有1223名员工,其中789名为本地员工,其余434名为外劳,而2天前裁退的99名员工属于主管级、技术人员以及行政管理人员等,而即将裁退的226名员工则为操作员,他们是属于公司合约承包商所聘请的员工。

不过,被裁退的99名员工也获得公司的赔偿,公司总共付出总额高达53万3102令吉48仙的赔偿金。

由于这家台资商在裁退员工时没有根据劳工法令行事,因此,他说,人力资源局将采取行动追究此事,必要时将在1955年劳工法令第63(1)条文下提控雇主,罪成可被罚款最高1万令吉。

此外,他说,另外1家裁退20名员工的厂商为FEITI METAL。

此前,他说,该局也经接获双溪大年6名雇主依合法程序在今年1月份裁退165名员工,其中156名为本地员工,另外9名为外劳。

而在暂停生产方面,有4个雇主经向该局报备,所涉及的员工高达507名,其中22名为外劳。

与此同时,他说,从去年10月迄今,人力资源局经为80名失业的员工找到新工作。

因此,他呼吁那些被裁退的员工,无论是主管或技术人员或蓝领阶级者都可到人力资源局登记,以便该局安排合适的就业机会。

此外,那些失业的员工也可通过网上查询,以寻找工作机会,有关网页为www.jobsmalaysia.gov.my。

未依据劳工法令条文裁员 人力局追究3厂商

人力资源局副高级董事莫哈末惹吉斯阿都拉指出,该局将对3家厂商在没有依据劳工法令的条文下裁退员工一事展开追究。

他说,该局接获这3家公司的员工投诉,指有关雇主没有给予足够时间的通知,就裁退他们。

因此,他表示,该局将对此展开调查,一旦调查结果显示雇主违约,将依法提控。

他今天在双溪大年人力资源局办事处召开记者会对媒体公布这项讯息。

另外,他说,该局也接获投诉指位于吉中马莫1家生产纤维的外资厂商在2个星期前裁退45名本地员工。

他说,这家从事纤维的工厂是在去年12月中在没有预先通知的情况下裁退45名员工。

有关公司共有323名员工,据了解管理层接下来将大幅度裁员,不过人力资源局经

2009 CNY Marketing Survey (Sunshne, Tesco, Jusco, Carrefour, Giant)

http://spreadsheets.google.com/ccc?key=p4eSO_O-NKuebiUv8ZfZiPQ

Pls click on the link to see the spreadsheet.
Contain price comparison for Sunshine, Tesco, Jusco, Carrefour, Giant
The price is for reference only, subjected to change by the store.

Motorola To Cut 4,000 Jobs

http://www.informationweek.com/news/mobility/smart_phones/showArticle.jhtml?articleID=212900618&cid=RSSfeed_IWK_News

Motorola To Cut 4,000 Jobs

The workforce reduction will take place primarily in the ailing handset division, and it comes on top of 3,000 layoffs announced late last year.
By Marin Perez
InformationWeek
January 14, 2009 06:47 PM

Struggling Motorola (NYSE: MOT) said it would reduce its workforce by about 4,000 in a cost-savings measure.
The majority of the cuts will come from the Mobile Devices business, which has been steadily losing market share to Apple, Nokia (NYSE: NOK), Research In Motion (NSDQ: RIMM), and Samsung. The division has lost more than $2.7 billion since the start of 2007, and the cuts come in addition to the previously announced reduction of 3,000 jobs.

More Mobility InsightsWhite PapersNuStar Mobile Users Get Tech Support, Training Remotely Company Finds Right IT Support Rx for Wireless Devices WebcastsReal-time Visibility of Mobile Inventory, Assets, and Field-Based Employees using RFIDImproving Business Processes with WAN AccelerationReportsLTE Vs. WiMaxWhere In The World Is IPv6?Videos

The Arrival of Dual Mode Handsets
"The actions we are taking today in our Mobile Devices business will allow us to further reduce our cost structure and positions us for improved financial performance in 2009," said co-CEO Sanjay Jha in a statement. "Together with these actions and the announcements made in the fourth quarter, the Mobile Devices business expects to recognize annual cost savings of approximately $1.2 billion in 2009."
Just a few years ago, Motorola's Razr was a desirable and profitable phone, and it sold more than 110 million units. But the company hasn't brought many innovative cell phones or smartphones to market since then, and its portfolio of handsets is widely seen as stale.

The handset maker fell to fourth place in the global cell phone market last year, and most analysts and mobile phone companies are expecting the market to contract. The Mobile Devices unit became so much of a drag on the company that it was going to be spun off into a separate company.

The spin-off has been put on hold by Jha as the company tries to focus on creating consumer-friendly handsets. Motorola is making a big bet on Google (NSDQ: GOOG)'s Android operating system for a social network-centric smartphone, but that device isn't expected until the second half of 2009.

Wednesday, January 14, 2009

Seagate Cuts 6% of Jobs Globally, Reduces CEO Pay 25% (Update2)

http://www.bloomberg.com/apps/news?pid=20601103&sid=avvnIJfxpLdI&refer=us


By Katie Hoffmann

Jan. 14 (Bloomberg) -- Seagate Technology, the biggest maker of hard-disk drives, said it will cut 6 percent of its global workforce as profit falls in the global recession.

The company will eliminate 2,950 positions, which includes the about 800 U.S. job cuts announced this week, according to a regulatory filing today. Seagate said it will reduce its chief executive officer’s salary by 25 percent and also cut some other managers’ pay.

Profit at Seagate, which replaced its CEO two days ago, has slid for two quarters as the recession crimps personal-computer demand, causing orders for storage products to sag. Competitor Western Digital Corp. said last month it would cut 5 percent of its workforce. Seagate has higher operating costs as a percentage of revenue than Western Digital so it may have to make more cuts, said Robert W. Baird & Co. analyst Jayson Noland.

“They’re arguably less efficient,” said San Francisco- based Noland, who has a “neutral” rating on Seagate shares and doesn’t own any. “I wouldn’t be shocked to see another cut, just given the uncertainty at Seagate right now.”

Seagate estimates the job cuts will save it $130 million a year, and the lower salaries will reduce costs by $80 million.

Seagate, based in George Town, Grand Cayman, fell 30 cents, or 6.6 percent, to $4.28 at 9:52 a.m. in Nasdaq Stock Market trading. It fell 83 percent last year.

The company this week named Chairman Stephen Luczo as CEO, replacing William Watkins. The change gave Luczo back the reins of a company he ran for six years, from 1998 to 2004.

Seagate, operated from Scotts Valley, California, had 54,000 employees at the end of June.

To contact the reporter on this story: Katie Hoffmann in New York at khoffmann4@bloomberg.net